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Statements (29)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Small business loan program
|
gptkbp:administeredBy |
gptkb:U.S._Small_Business_Administration
|
gptkbp:application |
Must do business in the U.S.
Must have exhausted other financing options Must have reasonable invested equity Must operate for profit |
gptkbp:collateralRequired |
Yes, if available
|
gptkbp:country |
gptkb:United_States
|
gptkbp:creditDecision |
Made by participating lenders
|
gptkbp:eligibility |
Small businesses
|
gptkbp:filingMethod |
Generally 7 years for working capital
Up to 10 years for equipment Up to 25 years for real estate |
gptkbp:fundedBy |
Debt refinancing
Equipment purchase Inventory purchase Real estate purchase Working capital |
gptkbp:guarantees |
Up to 75% for loans greater than $150,000
Up to 85% for loans up to $150,000 |
https://www.w3.org/2000/01/rdf-schema#label |
7(a) Loan Program
|
gptkbp:mainInterest |
Negotiated between borrower and lender, subject to SBA maximums
|
gptkbp:maximumLoanAmount |
$5 million
|
gptkbp:purpose |
Provide financial assistance to small businesses
|
gptkbp:SBAGuaranteeFee |
Yes, based on loan amount and maturity
|
gptkbp:targetUser |
Guaranteed loan
|
gptkbp:website |
https://www.sba.gov/funding-programs/loans/7a-loans
|
gptkbp:bfsParent |
gptkb:Small_Business_Administration
|
gptkbp:bfsLayer |
4
|